tna Acquires Starch Mogul Manufacturer NID

  • Thursday, 09 March 2017 14:57
  • Published in Business News
  • Read 409 times

The acquisition provides Australian equipment supplier tna with access to NID’s starch moulding technology and expands their services and products to more industry segments like confectionery.

NID manufactures starch moulding machinery and ancillary equipment, and its latest high speed starch moulding machine is capable of production speeds of up to 35 trays per minute. Accommodating a wide range of depositing pumps, it is suitable for a multitude of starch-moulded products such as gums, jellies, marshmallows, fondant creams, liquorice and crusted liqueur.

“The integration of NID into the tna family is excellent news for our customers around the world,” said Esther Faerber, NID chairman. “It’s a great opportunity for both companies and I’m sure that our shared commitment to engineering excellence and continuous research and development will provide a fantastic basis for the production of market-leading designs that will continue to ‘break the mould’.”

“The acquisition will allow tna to expand their services and products to more industry segments like confectionery and NID was an obvious choice when it came to finding a company that would be able to help them grow their portfolio,” said Bob Fritz, chief business development officer, tna.

“All of NID’s equipment is based on the same concept of mechanical simplicity and accessibility as our own technology. This ensures food manufacturers benefit from the highest level of equipment reliability, ultimate ease of use and complete investment security. NID’s technology is a great addition to our own portfolio and we can’t wait to demonstrate these benefits to our customers and prospects,” he concluded.

The acquisition will be effective from 6 March, 2017, and will see all of NID’s staff integrated into the tna group.

  • Last modified on Thursday, 09 March 2017 15:01
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